Monthly Partial Payment to Creditor Template

Document description

Sample of our monthly partial payment to creditor:

OBJECT: MONTHLY PARTIAL PAYMENT Dear [CONTACT NAME], In accordance with our agreement, I am enclosing our check in the amount of [AMOUNT], which represents a minimum payment that you can expect each month from our firm. As you will note, this amount will decrease the balance owing to zero in twelve payments. Naturally, if we can generate a check, either more frequently or in larger amounts, please be assured that we will. Furthermore, we are hopeful that we will be successful in collecting some of our very large receivables,